# Russia's plan to restrict foreign warships near Crimea will keep Kerch Strait open - RIA

> Russia plans to temporarily restrict the movement of foreign warships in part of the Black Sea, and the Kerch Strait will remain open. Ukraine's foreign ministry called the measures illegal. The Pentagon accused Russia of harassing vessels and undermining Ukraine.

- Date: 2021-04-16 · published 2021-04-16T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/47479-russia-s-plan-to-restrict-foreign-warships-near-crimea-will-keep-kerch-strait
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The story raises the risk of disruption to Black Sea shipping, but the Kerch Strait staying open limits the immediate effect on grain flows. Buyers should note the added risk premium for Black Sea origins.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-10-31 | [Turkey promises to keep grain moving despite Russian suspension \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14446-turkey-promises-to-keep-grain-moving-despite-russian-suspension-russia-ukraine.md) | -5.6% | +2.4% |
| WHEAT | 2023-12-19 | [Terrain \| Rally in U.S. Wheat Prices Will Depend on Russia](https://feedsoft.ai/events/32745-terrain-rally-in-u-s-wheat-prices-will-depend-on-russia.md) | +0.4% | +1.7% |
| WHEAT | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | -0.7% | -1.3% |
| WHEAT | 2022-05-25 | [Russia ready to set up corridor for ships leaving Ukraine with food, with conditions \| Reuters](https://feedsoft.ai/events/14489-russia-ready-to-set-up-corridor-for-ships-leaving-ukraine-with-food-with.md) | -1.3% | -3.0% |
| WHEAT | 2023-05-04 | [Russia's war on Ukraine latest: Zelenskiy visits war crimes court in The Hague](https://feedsoft.ai/events/7382-russia-s-war-on-ukraine-latest-zelenskiy-visits-war-crimes-court-in-the-hague.md) | -1.4% | -5.5% |
| CORN | 2022-10-31 | [Turkey promises to keep grain moving despite Russian suspension \| Russia-Ukraine war News \| Al Jazeera](https://feedsoft.ai/events/14446-turkey-promises-to-keep-grain-moving-despite-russian-suspension-russia-ukraine.md) | -2.2% | -3.8% |
| CORN | 2023-07-20 | [Wheat prices soar as Russia-Ukraine tensions stoke food crisis fears](https://feedsoft.ai/events/35082-wheat-prices-soar-as-russia-ukraine-tensions-stoke-food-crisis-fears.md) | +9.4% | -7.2% |
| CORN | 2022-05-25 | [Russia ready to set up corridor for ships leaving Ukraine with food, with conditions \| Reuters](https://feedsoft.ai/events/14489-russia-ready-to-set-up-corridor-for-ships-leaving-ukraine-with-food-with.md) | -2.8% | -3.7% |

## Sources

- reuters.com: https://www.reuters.com/world/europe/russias-plan-restrict-foreign-warships-near-crimea-will-keep-kerch-strait-open-2021-04-16/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.